50,000 Shares in Kohl's Corporation (NYSE:KSS) Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new stake in shares of Kohl's Corporation (NYSE:KSS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 50,000 shares of the company's stock, valued at approximately $409,000.

Several other institutional investors have also recently made changes to their positions in the stock. Vident Advisory LLC raised its holdings in shares of Kohl's by 9.3% in the 4th quarter. Vident Advisory LLC now owns 11,421 shares of the company's stock valued at $160,000 after acquiring an additional 967 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its position in shares of Kohl's by 1.7% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 59,124 shares of the company's stock worth $830,000 after purchasing an additional 972 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Kohl's by 7.6% in the fourth quarter. Russell Investments Group Ltd. now owns 17,526 shares of the company's stock worth $246,000 after purchasing an additional 1,232 shares during the last quarter. CWM LLC increased its position in shares of Kohl's by 49.7% in the first quarter. CWM LLC now owns 4,177 shares of the company's stock worth $34,000 after purchasing an additional 1,386 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in Kohl's by 14.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 14,762 shares of the company's stock valued at $121,000 after purchasing an additional 1,849 shares in the last quarter. Hedge funds and other institutional investors own 98.04% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on KSS. Wall Street Zen cut shares of Kohl's from a "hold" rating to a "sell" rating in a research note on Sunday, June 22nd. Barclays upped their target price on shares of Kohl's from $4.00 to $5.00 and gave the stock an "underweight" rating in a research report on Friday, May 30th. Telsey Advisory Group restated a "market perform" rating and set a $9.00 price target on shares of Kohl's in a research report on Thursday, May 29th. Evercore ISI dropped their price target on Kohl's from $9.00 to $8.00 and set an "in-line" rating for the company in a research note on Friday, May 2nd. Finally, JPMorgan Chase & Co. upped their price objective on Kohl's from $8.00 to $10.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. Eight equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $9.89.

Kohl's Price Performance

Shares of NYSE KSS traded down $0.49 during mid-day trading on Thursday, reaching $11.26. The company's stock had a trading volume of 4,123,582 shares, compared to its average volume of 20,984,114. The stock has a fifty day moving average of $9.68 and a two-hundred day moving average of $9.46. The firm has a market capitalization of $1.26 billion, a PE ratio of 10.33 and a beta of 1.73. Kohl's Corporation has a 52 week low of $6.04 and a 52 week high of $21.39. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.09 and a quick ratio of 0.14.

Kohl's (NYSE:KSS - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.22) by $0.09. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $3.01 billion. Kohl's had a net margin of 0.75% and a return on equity of 4.71%. The company's revenue was down 4.1% on a year-over-year basis. During the same period last year, the firm posted ($0.24) EPS. As a group, sell-side analysts anticipate that Kohl's Corporation will post 1.3 EPS for the current fiscal year.

Kohl's Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 25th. Shareholders of record on Wednesday, June 11th were paid a $0.125 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.50 annualized dividend and a yield of 4.4%. Kohl's's payout ratio is presently 45.87%.

Kohl's Profile

Kohl's Corporation operates as an omnichannel retailer in the United States. It offers branded apparel, footwear, accessories, beauty, and home products through its stores and website. The company provides its products primarily under the brand names of Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, as well as Food Network, LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.